Abstract

Market research company, Visiongain, has released its latest report that indicates that the global food and drink packaging market will reach a value of $329 billion in 2012. According to The Food & Drink Packaging Market 2012-2022 Report, 'as food products are necessary goods, food packaging markets are expected to maintain their current growth rates in developed markets, and strongly grow in emerging markets. Drink packaging is expected to benefit from the rising income per capita levels in emerging economies, but may lag in developed regions if consumer confidences are further damaged by poor progress in the Euro-area crisis.'